A share price of Solaredge Technologies Inc [SEDG] is currently trading at $16.36, up 10.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SEDG shares have gain 14.49% over the last week, with a monthly amount glided 12.83%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Solaredge Technologies Inc [NASDAQ: SEDG] stock has seen the most recent analyst activity on January 08, 2025, when Citigroup downgraded its rating to a Sell and also revised its price target to $9 from $12. Previously, Goldman upgraded its rating to Buy on December 17, 2024, and elevated its price target to $19. On November 20, 2024, upgrade upgraded it’s rating to Neutral. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $9 on November 15, 2024. TD Cowen reiterated its recommendation of a Hold and reduced its price target to $11 on November 07, 2024. Piper Sandler downgraded its rating to Underweight for this stock on November 07, 2024, and downed its price target to $9. In a note dated November 07, 2024, Mizuho downgraded an Neutral rating on this stock and revised its target price from $35 to $11.
Solaredge Technologies Inc experienced fluctuations in its stock price throughout the past year between $10.24 and $87.98. Currently, Wall Street analysts expect the stock to reach $19.22 within the next 12 months. Solaredge Technologies Inc [NASDAQ: SEDG] shares were valued at $16.36 at the most recent close of the market. An investor can expect a potential return of 17.48% based on the average SEDG price forecast.
Analyzing the SEDG fundamentals
Trailing Twelve Months sales for Solaredge Technologies Inc [NASDAQ:SEDG] were 1.05B which represents -64.03% decline. Gross Profit Margin for this corporation currently stands at -0.75% with Operating Profit Margin at -1.57%, Pretax Profit Margin comes in at -1.55%, and Net Profit Margin reading is -1.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.59, Equity is -0.86 and Total Capital is -0.86. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.36 points at the first support level, and at 14.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.89, and for the 2nd resistance point, it is at 17.43.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Solaredge Technologies Inc [NASDAQ:SEDG] is 2.34. Further, the Quick Ratio stands at 1.46, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 0.98.
Transactions by insiders
Recent insider trading involved GANI MARCEL, Director, that happened on Nov 13 ’24 when 20000.0 shares were purchased. Chairman of the Board, AVERY MORE completed a deal on Nov 11 ’24 to buy 0.16 million shares. Meanwhile, Director AVERY MORE bought 7000.0 shares on Feb 29 ’24.
